ACI Association has initiated research coverage on Micron TechnologyInc. (NASDAQ:
MU). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.

Introduction of New Technology - On July 28, 2015, Micron Technology, Inc. and Intel Corporation unveiled 3D XPoint technology, a non-volatile memory that has the potential to revolutionize any device, application or service that benefits from fast access to large sets of data. The release informed that 3D XPoint technology is in production, it is a major breakthrough in memory process technology and the first new memory category since the introduction of NAND flash in 1989.

3D XPoint Technology Highlights - The Company informed that 3D XPoint technology combines the performance, density, power, non-volatility and cost advantages of all available memory technologies on the market till date. The technology is up to 1,000 times faster and has up to 1,000 times greater endurance than NAND, and is 10 times denser than conventional memory. The performance benefits of 3D XPoint technology could also enhance the PC experience, allowing consumers to enjoy faster interactive social media and collaboration as well as more immersive gaming experiences.

Views of Management - Commenting on the 3D XPoint technology, Rob Crooke, senior vice president and general manager of Intel's Non-Volatile Memory Solutions Group said, "For decades, the industry has searched for ways to reduce the lag time between the processor and data to allow much faster analysis. This new class of non-volatile memory achieves this goal and brings game-changing performance to memory and storage solutions."

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